Data / Fair Market Rent, three bedrooms (HUD, monthly) / Franklin city

Fair Market Rent, three bedrooms (HUD, monthly) in Franklin city

Fair Market Rent, three bedrooms (HUD, monthly) in Franklin city was $1,392 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 3.4% from 2026. That is the 93rd highest of 133 counties in 2027.

2027, USD1,392
Change on 2026+3.4%
Rank93rd of 133Counties in Virginia ranked
Series high1,4922025
Series low7842010

Next release: Saturday, 15 May 2027, estimated by Invokely from past publication dates (medium confidence), not announced by the publisher. Release calendar

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Fair Market Rent, three bedrooms (HUD, monthly) in Franklin city, 2010 to 2027

6008001,0001,2001,4001,6002010201320162019202220272010: 784 USD2011: 808 USD2012: 860 USD2013: 968 USD2014: 932 USD2015: 1,004 USD2016: 944 USD2017: 957 USD2018: 1,084 USD2019: 1,117 USD2020: 1,135 USD2021: 1,096 USD2022: 1,128 USD2023: 1,244 USD2024: 1,339 USD2025: 1,492 USD2026: 1,346 USD2027: 1,392 USD6008001,0001,2001,4001,60020102016202220272010: 784 USD2011: 808 USD2012: 860 USD2013: 968 USD2014: 932 USD2015: 1,004 USD2016: 944 USD2017: 957 USD2018: 1,084 USD2019: 1,117 USD2020: 1,135 USD2021: 1,096 USD2022: 1,128 USD2023: 1,244 USD2024: 1,339 USD2025: 1,492 USD2026: 1,346 USD2027: 1,392 USD
USD. Source: HUD, HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. Retrieved 2026-10-12.
All 18 values
PeriodUSD
20271,392
20261,346
20251,492
20241,339
20231,244
20221,128
20211,096
20201,135
20191,117
20181,084
2017957
2016944
20151,004
2014932
2013968
2012860
2011808
2010784

Franklin city compared with nearby places

Accomack County: 1,370 USDAlbemarle County: 1,997 USDAlleghany County: 1,246 USDAmelia County: 2,039 USDAmherst County: 1,547 USDAppomattox County: 1,547 USDArlington County: 3,107 USDAugusta County: 1,634 USDBath County: 1,203 USDBedford County: 1,547 USDBland County: 1,306 USDBotetourt County: 2,022 USDBrunswick County: 1,306 USDBuchanan County: 1,306 USDBuckingham County: 1,306 USDCampbell County: 1,547 USDCaroline County: 1,723 USDCarroll County: 1,306 USDCharles City County: 2,039 USDCharlotte County: 1,161 USDChesterfield County: 2,039 USDClarke County: 3,107 USDCraig County: 2,022 USDCulpeper County: 2,187 USDCumberland County: 1,246 USDDickenson County: 1,124 USDDinwiddie County: 2,039 USDEssex County: 1,396 USDFairfax County: 3,107 USDFauquier County: 3,107 USDFloyd County: 1,299 USDFluvanna County: 1,997 USDFranklin County: 1,495 USDFrederick County: 1,895 USDGiles County: 1,190 USDGloucester County: 2,298 USDGoochland County: 2,039 USDGrayson County: 1,271 USDGreene County: 1,997 USDGreensville County: 1,410 USDHalifax County: 1,230 USDHanover County: 2,039 USDHenrico County: 2,039 USDHenry County: 1,144 USDHighland County: 1,233 USDIsle of Wight County: 2,298 USDJames City County: 2,298 USDKing and Queen County: 1,435 USDKing George County: 2,105 USDKing William County: 2,039 USDLancaster County: 1,501 USDLee County: 1,294 USDLoudoun County: 3,107 USDLouisa County: 1,788 USDLunenburg County: 1,204 USDMadison County: 1,515 USDMathews County: 2,298 USDMecklenburg County: 1,268 USDMiddlesex County: 1,500 USDMontgomery County: 1,783 USDNelson County: 1,997 USDNew Kent County: 2,039 USDNorthampton County: 1,356 USDNorthumberland County: 1,647 USDNottoway County: 1,421 USDOrange County: 1,747 USDPage County: 1,181 USDPatrick County: 1,208 USDPittsylvania County: 1,289 USDPowhatan County: 2,039 USDPrince Edward County: 1,342 USDPrince George County: 2,039 USDPrince William County: 3,107 USDPulaski County: 1,267 USDRappahannock County: 1,853 USDRichmond County: 1,526 USDRoanoke County: 2,022 USDRockbridge County: 1,464 USDRockingham County: 1,728 USDRussell County: 1,212 USDScott County: 1,375 USDShenandoah County: 1,452 USDSmyth County: 1,171 USDSouthampton County: 1,392 USDSpotsylvania County: 3,107 USDStafford County: 3,107 USDSurry County: 1,473 USDSussex County: 2,039 USDTazewell County: 1,154 USDWarren County: 1,930 USDWashington County: 1,375 USDWestmoreland County: 1,678 USDWise County: 1,262 USDWythe County: 1,290 USDYork County: 2,298 USDAlexandria city: 3,107 USDBristol city: 1,375 USDBuena Vista city: 1,464 USDCharlottesville city: 1,997 USDChesapeake city: 2,298 USDColonial Heights city: 2,039 USDCovington city: 1,246 USDDanville city: 1,289 USDEmporia city: 1,410 USDFairfax city: 3,107 USDFalls Church city: 3,107 USDFranklin city: 1,392 USDFredericksburg city: 3,107 USDGalax city: 1,306 USDHampton city: 2,298 USDHarrisonburg city: 1,728 USDHopewell city: 2,039 USDLexington city: 1,464 USDLynchburg city: 1,547 USDManassas city: 3,107 USDManassas Park city: 3,107 USDMartinsville city: 1,144 USDNewport News city: 2,298 USDNorfolk city: 2,298 USDNorton city: 1,262 USDPetersburg city: 2,039 USDPoquoson city: 2,298 USDPortsmouth city: 2,298 USDRadford city: 1,783 USDRichmond city: 2,039 USDRoanoke city: 2,022 USDSalem city: 2,022 USDStaunton city: 1,634 USDSuffolk city: 2,298 USDVirginia Beach city: 2,298 USDWaynesboro city: 1,634 USDWilliamsburg city: 2,298 USDWinchester city: 1,895 USD
  • Under 1,300
  • 1,300 to 1,400
  • 1,400 to 1,700
  • 1,700 to 2,000
  • 2,000 to 2,300
  • 2,300 and over
Fair Market Rent, three bedrooms (HUD, monthly), 2027, USD. Franklin city is outlined. Same source and period for every area shown. Source: U.S. Department of Housing and Urban Development, Office of Policy Development and Research. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

Definition

Monthly gross rent, in US dollars, that the U.S. Department of Housing and Urban Development (HUD) sets for a three-bedroom unit in the HUD area that contains the county.

More on how it is measured
  • Gross rent is the rent plus all utilities paid by the tenant except telephone, cable or satellite television and internet.
  • HUD sets Fair Market Rents at the 40th percentile of gross rents paid by recent movers for standard-quality rental units, from American Community Survey data brought forward to the fiscal year; until 2018 a few metropolitan areas were set at the 50th percentile.
  • They set payment standards for Housing Choice Vouchers and rent ceilings in other HUD programs.

A policy benchmark, not a measured rent: it is lower than the median rent by design and differs from the Census Bureau median gross rent. HUD sets one value per HUD area, a metropolitan area (sometimes split into HUD Metro FMR Areas) or a non-metropolitan county, so every county of a metropolitan area shows the same figure. Counties in the six New England states have no value, because HUD defines their areas by town and a county can span several areas. Where HUD splits off part of a county, the county value is the rest of the county: Howard County, Maryland, without Columbia until FY2015, and Crawford County, Missouri, without its part of Sullivan. The year is HUD's federal fiscal year: FY2027 runs from 1 October 2026 to 30 September 2027.

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How to cite

U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. (n.d.). HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars (Fair Market Rent, three bedrooms (HUD, monthly), Franklin city, 2010 to 2027) [Data set]. Retrieved October 12, 2026, from https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx

MLA 9

HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars, Fair Market Rent, three bedrooms (HUD, monthly), Franklin city, 2010 to 2027. U.S. Department of Housing and Urban Development, Office of Policy Development and Research, https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/franklin-city-virginia. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. n.d. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. Fair Market Rent, three bedrooms (HUD, monthly), Franklin city, 2010 to 2027. Dataset. Accessed October 12, 2026. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Also distributed by Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/franklin-city-virginia.

Harvard

U.S. Department of Housing and Urban Development, Office of Policy Development and Research (no date) HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars, Fair Market Rent, three bedrooms (HUD, monthly), Franklin city, 2010 to 2027 [Dataset]. Available at: https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx, via Invokely: https://invokely.ai/en/fair-market-rent-three-bedroom/franklin-city-virginia (Accessed: 12 October 2026).

BibTeX
@misc{department_fair_market_rent_three_2027,
  author = {{U.S. Department of Housing and Urban Development, Office of Policy Development and Research}},
  title = {{HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars: Fair Market Rent, three bedrooms (HUD, monthly), Franklin city, 2010 to 2027}},
  howpublished = {Data set},
  url = {https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/franklin-city-virginia. Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27\_FMRs.xlsx. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
TI  - HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars: Fair Market Rent, three bedrooms (HUD, monthly), Franklin city, 2010 to 2027
PB  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
DB  - Invokely
UR  - https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx
L2  - https://invokely.ai/en/fair-market-rent-three-bedroom/franklin-city-virginia
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/franklin-city-virginia.
N1  - Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.
ER  -
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Questions

What is the fair Market Rent, three bedrooms (HUD, monthly) in Franklin city?

Fair Market Rent, three bedrooms (HUD, monthly) in Franklin city was $1,392 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 3.4% from 2026. That is the 93rd highest of 133 counties in 2027.

Where does this figure come from?

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. Retrieved by Invokely on 2026-10-12.

What was the highest fair Market Rent, three bedrooms (HUD, monthly) in Franklin city?

$1,492 in 2025, the highest value since 2010 in this series.

Related statistics for Franklin city

All statistics for Franklin city | Franklin city in figures